4 Ways to Create the Right Foundation for Your New Business

According to business experts, building the right foundation is the greatest challenge of every startup. If you want to start a successful company, this is the first step. By now, you probably know that a majority (90% precisely) of businesses fail before they even take off from the ground. The figure rises to 95% for online startups. What are they doing wrong? How can it be avoided? It is easy to...

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How to Save a Dying Brand

With markets becoming ever more competitive as brands dominate the business environment, it might not be surprising to hear that about 80% of new start-ups and brands go out of business within their first 3 years. Many marketers and entrepreneurs wonder if they can bring a dying brand back to life.  The answer to that is definitely a resounding yes. Even successful and popular brands such as Lego,...

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Must-Have Items for Your Commercial Kitchen

Starting a restaurant is one of the biggest investments to do and one of the most important decisions you will need to make is how to set up your commercial kitchen. The kitchen will be the heart and center of your business and where your food will be made. If you only want good quality food to continuously serve to your customers, you will need industrial grade equipment that can withstand a daily...

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3 Reasons Why a Business Shouldn’t Pay Off Loans Early

You have a small-business loan and are thinking of paying it off early. Before you do, know that many small-business loans penalize early payoffs. The reason is that lenders want all their interest due over the full course of the loan. So, before you decide to pay that loan off early, read the small print. It may cost you more than you realize. The Prepayment Fee Image via Flickr by roberthuffstutter Many...

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